Bitcoins worth more than gold

[spitthedog]

Copper, another highly speculative trading vehicle, has been a vehicle for getting money out of China for years, and the strong correlation between copper and bitcoin continues.
http://schrts.co/CmYXIaWT

Copper has a high correlation with interest rates, but that has broken down recently.
Businesses are going tits up as the debt crisis resurfaces.

Copper vs 10y yield.
http://schrts.co/MfpDMqqr

Bitcoin is the pump & dump Yahoo of the Dotcom bubble.
The AirAsia of 2020.
The pump and dump Chinooky of 2020.
I bet you could draw a chart showing a correlation of near 1, between Shitsvile and Bitcoin.
Now, would any of you invest in Shitsvile right now?
And like Shitsville, Bitcoin aint real.

Investing for the long term is all about the value of the brand.
Now really, how much is Bitcoins brand and reputation worth, still, right now, at the summit of the zombie apocalypse?

It's all smoke and mirrors.

[techietraveller84]

It's all smoke and mirrors until it hits $19,783 again. Or will it?

[Alex]

It's all smoke and mirrors until it hits $19,783 again. Or will it?

Well according to our evangelist(s) on here, we're all just waiting to crack $1,000,000 or was it $100,000,000 !?

I still own a bitcoin that has cost me about $200, so I wouldn't complain if that actually happens, mind you.

[kungfufighter]

What I want to know is, how many Bitcoin nodes has Alexandra been banned from?

[Alex]

What I want to know is, how many Bitcoin nodes has Alexandra been banned from?

That's a weird question. Have you ever run a Bitcoin node yourself?

[kungfufighter]

Bitcoin: regulating the regulators.

Lucan, you should watch this.

[kungfufighter]

What I want to know is, how many Bitcoin nodes has Alexandra been banned from?

That's a weird question. Have you ever run a Bitcoin node yourself?

What's weird about it? Alexandra knows what I mean.

[scobienz]

SCC seems as obsessed about bitcoin today as he once was about the price of pineapples. I suppose that is progress of sorts.

[Alex]

What I want to know is, how many Bitcoin nodes has Alexandra been banned from?

That's a weird question. Have you ever run a Bitcoin node yourself?

What's weird about it? Alexandra knows what I mean.

Let me ask you point-blank: How do you, or how does Alexandra or in fact anyone, get "banned from a Bitcoin node"?

You are very excited about Bitcoin, but time and again, I get the impression that you know very little about it. That's what makes your evangelism a little bit suspect.

[Stokely]

A vegan, an addict, and a bitcoin trader all walk into a bar.

Who tells you about it first?

[kungfufighter]

What I want to know is, how many Bitcoin nodes has Alexandra been banned from?

That's a weird question. Have you ever run a Bitcoin node yourself?

What's weird about it? Alexandra knows what I mean.

Let me ask you point-blank: How do you, or how does Alexandra or in fact anyone, get "banned from a Bitcoin node"?

You are very excited about Bitcoin, but time and again, I get the impression that you know very little about it. That's what makes your evangelism a little bit suspect.

Don't ask me, I don't even know how much a Bitcoin will be worth.
First, I thought it was $1,000,000. Then I thought it was $100,000,000. But, now it seems you can even break a Satoshi, the smallest unit, down, so, it's likely one Bitcoin will be worth $1,000,000,000.
I'm starting to feel as hard-working as Jamie Diamond.

[Guest]

Like all cults, bitcoin fans abandon all reason in the hope of forever talking their favoured investment up.

Only this day last year a Bitcoin was worth $10500. Today it is worth $9150 or so. It has drifted slowly down over a year.

And yet kff here masturbating frantically that it will be worth a billion dollars soon.

There are none so deluded as the self deluded.

[thank me later.]

All Bitcoins:
2009 = $0
2020 = $167,960,177,611 USD
2030 =$XXX,XXX,XXX,XXX,? USD
2040 =$XXX,XXX,XXX,XXX,XXX,XXX,?USD (USD unit of account is no longer used, BTC is the new unit of account)

It's lines of computer code, backed up by billions of dollars worth of capital turning electricity into hashpower to secure a glorified excel spreadsheet.

Sound money is the real prize here. Government money is on it's way out.

Forget the horse and carriages, we have automobile technology now.

For you boomers:

[kungfufighter]

The horse v car is a good analogy. Especially seeing as horses can also travel on roads, along with everything else that has been invented to run on them. Electrification is another. The telephone is yet, another. As cars at first learnt the problems with traversing muddy, shit filled roads till metalled roads were installed, so did the internet have to transverse the telephony network via modems before the internet enabled greater Innovation along with VoIP services. Now we are revolutionising the banking and finance sector which allow for even greater Innovation.
AI contract law and even AI judicial systems embedded in smart contracts.
Imagine a world where judges are incorruptible.



All running on the Lightning Network, of course.